Project Management: London Bridge Station Redevelopment Plan Analysis

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This project management assignment provides a comprehensive analysis of the London Bridge Station Redevelopment project. The analysis includes the creation of a network diagram to visualize project activities, dependencies, and the critical path, which is essential for time management and identifying critical tasks. It also covers communication management, detailing a communication plan to ensure effective information flow among stakeholders, and cost estimation, exploring various methods like analogous, parametric, and bottom-up estimations to determine project costs. Furthermore, the assignment includes a breakdown of the project into phases (Initiation, Planning, Execution, Controlling, and Closing), with detailed discussions on stakeholder registers, work breakdown structures, Gantt charts, risk management, and lessons learned, providing a complete overview of project management principles in a practical context. The document is an academic project submitted by a student and made available on Desklib, a platform designed to offer study resources for students.
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Running head: PROJECT MANAGEMENT
Project Management: London Bridge Station Redevelopment Plan
Name of the Student:
Name of the University:
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1PROJECT MANAGEMENT
Table of Contents
Task..................................................................................................................................................2
1. Network Diagram....................................................................................................................2
2. Communication management..................................................................................................7
3. Cost estimation......................................................................................................................11
Task................................................................................................................................................16
Part 1: Initiation.........................................................................................................................16
1. Stakeholder Register..........................................................................................................16
Part 2: Planning..........................................................................................................................20
2. Work Breakdown Structure (WBS)...................................................................................20
Part 3: Execution........................................................................................................................24
3. Gantt chart.........................................................................................................................24
Part 4: Controlling.....................................................................................................................29
4. Risk management...............................................................................................................29
Part 5: Closing...........................................................................................................................32
5. Lessons learned report.......................................................................................................32
References......................................................................................................................................35
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2PROJECT MANAGEMENT
Task
1. Network Diagram
The network diagram is based on redevelopment work of the London Bridge Station.
Following is the network diagram for the project activities which are in parallel as well as
sequential in the sequence (Harrisonand Lock 2017). Network diagram is important tool to plan
the project work. The main objectives of the project network diagram are:
ï‚· Construction of network representation of project activities
ï‚· Understanding the type of dependencies of project activity
ï‚· Recognition of type of project constraints which create the activity sequences
ï‚· Identification of critical path in the project (Lock 2017).
ï‚· Analyzing the possible schedule of the project plan
Network diagram is used for detailed planning of project. It is an implementation tool to
analyze scheduling activities and control the project. This project is consisted of large number of
activities which are required to complete in certain period of time before completion of entire
project. The network analysis is performed to value the complex project which contains related
plus interdependent activities (Nicholas and Steyn 2017). It is a term to aid management for
planning in addition to controlling the project. The project management techniques show
interrelationship of different jobs and tasks that can make entre project and identify the critical
activities of the project.
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3PROJECT MANAGEMENT
Activity Immediate
predecessor activity
Duration
A - 93
B A 159
C B 13
D B 140
E D 100
F D 62
G D 74
H C,E,G 75
I H 58
J I 27
Forward pass calculation
Activit
y Description
Time
(days
) EST
EF
T
A Initiation phase 93 0 93
B Pre-construction phase 159 93 252
C Project procurement phase 13 252 265
D Planning phase 140 252 392
E Execution phase 100 392 492
F Design phase 62 392 454
G Site work phase 74 392 466
H Construction phase 75 492 567
I Monitoring and controlling phase 58 567 625
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J Closing phase 27 625 652
Backward pass calculation
Activity Description Time(days) EST
EF
T LST LFT
A Initiation phase 93 0 93 0 93
B Pre-construction phase 159 93 252 93 252
C Project procurement phase 13 252 265 479 492
D Planning phase 140 252 392 252 392
E Execution phase 100 392 492 392 492
F Design phase 62 392 454 430 492
G Site work phase 74 392 466 418 492
H Construction phase 75 492 567 492 567
I
Monitoring and controlling
phase 58 567 625 567 625
J Closing phase 27 625 652 625 652
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5PROJECT MANAGEMENT
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Figure 1: Network Diagram
(Source: Created by author)
Critical path analysis is defined as logical sequence of series of project events required
for successful completion of project work. The critical path technique is aid into time
management, ongoing data to assess the project progress and considerable information for the
decision making (Heagney 2016). Following table shows the critical path of the project plan and
red highlighted part of the critical path of the project:
Activity Description
Time
(days
) EST
EF
T LST LFT Criticality
A Initiation phase 93 0 93 0 93 **
B Pre-construction phase 159 93 252 93 252 **
C Project procurement phase 13 252 265 479 492
D Planning phase 140 252 392 252 392 **
E Execution phase 100 392 492 392 492 **
F Design phase 62 392 454 430 492
G Site work phase 74 392 466 418 492
H Construction phase 75 492 567 492 567 **
I Monitoring and controlling phase 58 567 625 567 625 **
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J Closing phase 27 625 652 625 652 **
Table 1: Critical path
(Source: Created by author)
Project Slack
Activit
y Description
Time
(days
) EST EFT LST LFT Slack Criticality
A Initiation phase 93 0 93 0 93 0 **
B Pre-construction phase 159 93 252 93 252 0 **
C Project procurement phase 13 252 265 479 492 227
D Planning phase 140 252 392 252 392 0 **
E Execution phase 100 392 492 392 492 0 **
F Design phase 62 392 454 430 492 38
G Site work phase 74 392 466 418 492 26
H Construction phase 75 492 567 492 567 0 **
I Monitoring and controlling phase 58 567 625 567 625 0 **
J Closing phase 27 625 652 625 652 0 **
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2. Communication management
The communication management concerns to define type of information deliver to the
project stakeholders, who will receive, format to communicate and time of release plus
distribution. 90% of the project manager is spent on communication as it is required to get right
message at right time (Lock 2016). The first step in defining the communication plan is figure
the kind of communication the stakeholders required from the project to take good project related
decisions. The selected project is based on London Bridge Station Redevelopment Plan. The
selected project work is complex and critical; therefore a proper communication plan is required
to interact with each of the project team members (Heagney 2016). Communication technology
has an impact on how people are kept in loop. The methods of communication are written
reports, emails, status report, face-to-face meeting and presentation. The communication plan
documents type of information required to carry the project work when the information is
distributed and the information is delivered.
In the redevelopment project plan, the type of information communicated to the project
team members are project status, scope statement, and update of project, risk, performance
measurement and project acceptance information (Binder 2016). As the redevelopment project is
complex, therefore in order to get project success, it requires good communication among the
team members. Those team members can interact through electronic communication. The project
manager avoids miscommunication as it can influence trust and project culture. The project team
requires a plan to communicate in timely way (Marchewka 2014). Communication practices in
this project help to build plus maintain relations on the construction project. The team makes
decisions based on trust moreover relationships. It can foster sharing of idea along with
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9PROJECT MANAGEMENT
innovation. It can help the team to build confidence furthermore strengthen the project team
members. Communication plan plays an important role in the redevelopment project by:
ï‚· Increasing the project visibility along with project status
ï‚· Providing the project opportunities to be shared with team members (Heagney 2016).
ï‚· Creating a written documentation based on project requirements
ï‚· Boosting the productivity of the team meetings (Delerueand Sicotte 2017).
ï‚· Ensuring the project is continued for project alignment with goals
The communication plan is focused on needs of project team members. The plan prior to
project start is different from the communication once the project is launched through and end of
the project. Initial communication related to the project plan is based on socializing the project
stakeholders (Zulch 2014). Following is the communication plan:
Communication Method Frequency Goal Owner Audience
Status report of
the project
Email and
meeting
Weekly Review the status of
the project, discuss the
issues and project
delays
Project
Manager
Project
team
members
and
project
sponsor
Review the
project plan
Meeting Weekly Present the project
deliverables and gather
the feedback and
discussion related to
Project
Manager
Project
team and
project
sponsor
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next project phases
Updates on the
task progress
Meeting and
email
Daily There is sharing of
daily progress of the
project activities on
schedule basis
Project
Manager
Project
team
Stand up of the
team or
performance
measurement
Meeting Daily Discuss about the
performance of the
team member
Project
Manager
Team
Leader
Existing issues
in the project
plan
Face-to-face
meeting
Weekly at
the time of
staff
meeting
Discussion of the
project issues which
the staffs are facing
Project
Manager
Team
Leader
Project baseline
information
Email and
presentation
Weekly Information related to
project cost and
scheduled baseline
Project
Manager
Project
Team
Scope statement Email,
meeting and
presentation
Monthly Discuss about the
project scope and
determine if the project
scope is met
Project
Manager
Team
Leader
Marchewka(2014) stated that communication can improve management of the project
team. Effective project manager can articulate vision of the project. When the project manager
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11PROJECT MANAGEMENT
communicates effectively, then the team members can recognize and learn from it. Nicholas and
Steyn (2017) argued that management is responsible to set tone for efficient communication on
the redevelopment project. Communication practices deliver results that each team members are
looking to attain on the construction project (Lock 2017). The project team member with high
level of communication can deliver the project on time, ahead of project schedule, under budget
in addition to achieve of proper project goals.
3. Cost estimation
The project cost estimation is central to make key decisions, take initiatives, budget
activities and control expenditures. Cost forecast along with projections are used to set the
project metrics by which the project success is measured and communicated work progress to
stakeholders at provided point of time. Suliman and Kadoda (2017) explained that cost
estimation determines amount of resources needed to accomplish the activities related to project.
It is focused on allocation of optimal expenses for the project plan. Following are different
method of estimation to estimate the project cost and one of the best cost estimation method is
selected among them for this particular project plan.
Analogous estimation: This cost estimation method is based on the historical data from
earlier projects. The project can make money by meeting with client’s requirements. This
particular technique is mainly defined as historical data analysis (Trendowicz and Jeffery 2014).
The cost estimation method is applied to divide segments of the project and in combination with
methods plus tools.
Parametric estimation: It allows using of historical as well as statistical data in order to
make project activities parameters such as scope, budget, and project duration. This cost
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